Fiat is always replaced thecynic - unfortunately it is usually always replaced with more fiat.

I used to believe that crypto including Steem was simply fiat - but not any more.

Gold and silver are a store of value because of the energy which went into their production - exactly what we are doing here - we put our energy into the blockchain and in STEEM the is stored - so long as the internet is running that is.

Thanks for the comment.

SirKnight.